Is 24137, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24137 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 24137 has remained a Seller's Market.

Key Takeaway

24137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24137, VA cost?

Median Sold Price

$686,500

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$141,500(+26.0%)

Key Takeaway

Homes in 24137 have sold for 26% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $212.5K$395K
+85.9%
3 $503K$585K
+16.3%
4 $850K$900K
+5.9%
5+ $637K$1.6M
+164.1%

How many homes are available in 24137, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
22220.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 31
-66.7%
3 79
+28.6%
4 56
+20.0%
5+ 76
-14.3%

Number of Homes Sold

Nov 2021Dec 2021%
68+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24137, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 24137 are selling fast, if you're buying plan to act quickly.

About 24137, VA

24137, VA has 22 homes on the market. In December 2021 median list price was $686,500 and the average listing age was 18 days. Real estate listing prices changed between November 2021 and December 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 85.9%, prices of 3 bedrooms properties went up by 16.3%, 4 bedrooms properties became 5.9% more expensive, 5 bedrooms properties became 164.1% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 66.7% less available, volume of 3 bedrooms homes went up by 28.6%, volume of 4 bedrooms homes went up by 20%, the quantity of 5 bedrooms homes went down by 14.3%. While more than 2 listings in 24137, VA in December 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below.